[webinarian]

China And Saudi Arabia JUST Shocked The White House | Americans Are In TROUBLE

[webinarian]

What do bananas say about it?   


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[revealer]

They have agreed to boost oil trade.

https://oilprice.com/Latest-Energy-News/...iyadh.html

No known news about Saudi has accepted the proposal to trade in Yuan although it did say to consider it in March

https://www.wsj.com/articles/saudi-arabi...1647351541

It is unlikely for Yuan to threaten the USD position in the Foreign Exchange transactions in the foreseeable future as USD still dominates the Foreign Exchange transaction

https://www.bis.org/statistics/rpfx22_fx.htm

[webinarian]

They have agreed to boost oil trade.

https://oilprice.com/Latest-Energy-News/...iyadh.html

No known news about Saudi has accepted the proposal to trade in Yuan although it did say to consider it in March

https://www.wsj.com/articles/saudi-arabi...1647351541

It is unlikely for Yuan to threaten the USD position in the Foreign Exchange transactions in the foreseeable future as USD still dominates the Foreign Exchange transaction

https://www.bis.org/statistics/rpfx22_fx.htm

The more significant one is accepting RMB for oil purchase.   


Saudi abandons petrodollar, the sole currency for oil trading.   


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[cityhantam]

总结一下这两天西方尤其是美国媒体是如何破防的，他们最近对于中沙关系升温是这么报道的：

1.威胁将对沙特等国实施“制裁”。
2. 叫喊着该协议破坏“世界贸易”。
3.关心“新疆问题”。
4.又开始关心海湾国家“人权问题”。
5.叫嚣着中沙“威胁世界”。


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[webinarian]

世界市场开始翻动！ 中东世界“觉醒”中国与沙特的布局强强联手抗衡美国【董智森|有哏来爆】2022.12.10

[webinarian]

Sexchange only talked about small matter covid.   


Look at the big picture see how the Arab world moving to align with China.   


Look at EU started to wake up from the havoc US made for them and US huat big on oil price.  


Whole world starts to move to befriend China.   

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[webinarian]

Now Saudi, UAE, etc have sovereign investment fund amounting to more than US$ 2 trillion. The funds are to be shifted from US Walls Street to China to invest in technology, green energy, solar energy, etc.  

Wow, big money to flow into China.   

China huat until buey rin chu arh.  

Sexchange, don't just look at Covid small matter of interest to your flg.   

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[revealer]

China only imports about 2 million barrels per day from Saudis.  @ 70 per barrel,  ie roughly USD 140 million per day.  The USD foreign exchange transaction is about USD 5.8 Trillion per day in 2019.

https://www.statista.com/statistics/2473...cy-market/

[cityhantam]

China only imports about 2 million barrels per day from Saudis.  @ 70 per barrel,  ie roughly USD 140 million per day.  The USD foreign exchange transaction is about USD 6.5 Trillion per day.

https://www.statista.com/statistics/2473...cy-market/

Very old data lah :

Daily turnover of global foreign exchange market with 39 different currencies from 2001 to 2019

From Thursday, 24 February 2022 onwards, it's a brand new world! 
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[cityhantam]

来看看这个殖人，他嘲笑沙特的时候，欧洲老爷们正在家烧劈柴呢 

[teaserteam]

Talk big only lah. Today. Usd data can go down ?  Prove it lah. 不要笑死人就好了

[cityhantam]

Talk big only lah. Today. Usd data can go down ?  Prove it lah. 不要笑死人就好了

You have been on holidays for too long? 

[teaserteam]

硬拗，死要面子

[cityhantam]

硬䕝，死要面子

不敢面对现实？

[teaserteam]

有人只会放屁

[teaserteam]

[Manthink]

Talk big only lah. Today. Usd data can go down ?  Prove it lah. 不要笑死人就好了

难道你忘了谁是沙俄都是中国主要石油输出国 ？

”笑死人“ 之前 先自己多读一点书

[cityhantam]

。。

[cityhantam]

黎建南：中国填补中东权力真空？美应觉悟而非愤怒！带动中亚平衡对华有利
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[sporeguy]

Whoa all the sour grapes from the Suck Angmo Cock gang scampering out from their sh*tholes like cockcroaches - couldn't tahan the the great news about the strong Saudi - China relationship! These sour grapes constipated la when read such good news about China - they got so much anger envy bottled up inside their arse - cannot sh*t until post anything bad about China be it trivial or imaginary!

Anyone got Sheltox!?

[CHAOS]

Whoa all the sour grapes from the Suck Angmo Cock gang scampering out from their sh*tholes like cockcroaches - couldn't tahan the the great news about the strong Saudi - China relationship! These sour grapes constipated la when read such good news about China - they got so much anger envy bottled up inside their arse - cannot sh*t until post anything bad about China be it trivial or imaginary!

Anyone got Sheltox!?

Thanks for our one sided pro Western brain washed education system since childhood

[sogo]

The more significant one is accepting RMB for oil purchase.   


Saudi abandons petrodollar, the sole currency for oil trading.   


.

Saudi got say wanna sell oil in rmb meh? Or xi jin ping ownself say one?

[cityhantam]

Saudi got say wanna sell oil in rmb meh? Or xi jin ping ownself say one?

https://thechinaproject.com/2022/12/09/i...l-in-yuan/

Xí Jìnpíng 习近平 told Gulf Arab leaders today that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish its currency internationally and weaken the U.S. dollar’s grip on world trade.
.....

A Saudi source, speaking before Xi’s visit, told Reuters that a decision to sell small amounts of oil in yuan to China could make sense in order to pay Chinese imports directly, but “it is not yet the right time”. Most of Saudi Arabia’s assets and reserves are in dollars including more than $120 billion of U.S. Treasuries that Riyadh holds, and the Saudi riyal, like other Gulf currencies, is pegged to the dollar.

[sogo]

https://thechinaproject.com/2022/12/09/i...l-in-yuan/

Xí Jìnpíng 习近平 told Gulf Arab leaders today that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish its currency internationally and weaken the U.S. dollar’s grip on world trade.
.....

A Saudi source, speaking before Xi’s visit, told Reuters that a decision to sell small amounts of oil in yuan to China could make sense in order to pay Chinese imports directly, but “it is not yet the right time”. Most of Saudi Arabia’s assets and reserves are in dollars including more than $120 billion of U.S. Treasuries that Riyadh holds, and the Saudi riyal, like other Gulf currencies, is pegged to the dollar.

Problem is he wanna buy in rmb but got ppl wanna sell him in rmb or not? Unless Saudi says so.

[debono]

https://thechinaproject.com/2022/12/09/i...l-in-yuan/

Xí Jìnpíng 习近平 told Gulf Arab leaders today that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish its currency internationally and weaken the U.S. dollar’s grip on world trade.
.....

A Saudi source, speaking before Xi’s visit, told Reuters that a decision to sell small amounts of oil in yuan to China could make sense in order to pay Chinese imports directly, but “it is not yet the right time”. Most of Saudi Arabia’s assets and reserves are in dollars including more than $120 billion of U.S. Treasuries that Riyadh holds, and the Saudi riyal, like other Gulf currencies, is pegged to the dollar.

Middle-East sells oil and are paid in US dollars....

[debono]

Problem is he wanna buy in rmb but got ppl wanna sell him in rmb or not? Unless Saudi says so.

Yes Xijp    wants to pay for Saudi oil in rmb, but currently all oil exported from the M-E are in US dollars.  Therefore whether the Saudi want to be paid in rmb is still a question mark.......

[cityhantam]

Problem is he wanna buy in rmb but got ppl wanna sell him in rmb or not? Unless Saudi says so.

It's a matter of time. 

Saudi has to reduce their exposure to USD first.

[debono]

https://thechinaproject.com/2022/12/09/i...l-in-yuan/

Xí Jìnpíng 习近平 told Gulf Arab leaders today that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish its currency internationally and weaken the U.S. dollar’s grip on world trade.
.....

A Saudi source, speaking before Xi’s visit, told Reuters that a decision to sell small amounts of oil in yuan to China could make sense in order to pay Chinese imports directly, but “it is not yet the right time”. Most of Saudi Arabia’s assets and reserves are in dollars including more than $120 billion of U.S. Treasuries that Riyadh holds, and the Saudi riyal, like other Gulf currencies, is pegged to the dollar.

Middle-East sells oil and are paid in US dollars....

It's a matter of time. 

Saudi has to reduce their exposure to USD first.

Most of Saudi Arabia asserts and reserves are in US dollars including more than US120 billion of US treasuries that Riyadh holds.  Therefore it is only logical that the Saudi's wants to trade in US dollars........

[sogo]

Most of Saudi Arabia asserts and reserves are in US dollars including more than US120 billion of US treasuries that Riyadh holds.  Therefore it is only logical that the Saudi's wants to trade in US dollars........

They sold like 60 billions within 1 year. So likely wanna get away from USD